High yielding freehold industrial investment
1 Kingston Street, Botany NSW 2019
via EOI closing 11 April 2024 at 4.00pm (AEDT)
IndustrialSize: n/a
Block size: 755 m² approx.
Cushman & Wakefield are thrilled to bring to the market for sale via an Expressions of Interest Campaign 1 Kingston Street, Botany.
This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.
Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.
Key features include the following:
910 sqm* total building area
755 sqm* site area
22.75 m* street frontage
Freehold tenanted investment
Strong covenant
For sale as a going concern
Strong long-standing covenant in place
Add-value potential with CPI increases
R2 Zoning - development upside STCA
The Expressions of Interest Campaign closes on 11 April 2024 at 4:00pm (AEDT), if not sold prior.
For more information, please enquire with the exclusive selling agents.
*Approximate
This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.
Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.
Key features include the following:
910 sqm* total building area
755 sqm* site area
22.75 m* street frontage
Freehold tenanted investment
Strong covenant
For sale as a going concern
Strong long-standing covenant in place
Add-value potential with CPI increases
R2 Zoning - development upside STCA
The Expressions of Interest Campaign closes on 11 April 2024 at 4:00pm (AEDT), if not sold prior.
For more information, please enquire with the exclusive selling agents.
*Approximate
Inspections
No open inspections scheduled.
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Contact Jake Savery to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
2
Property type:
Industrial
Block Size:
755 m²*
Other Details
Maps and area information
Block information
Block size: 755m² (approx)
No block information available
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© PSMA Australia 2024.
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SummaryMedian sales
Average Age
38 years
Population
12,960
Listing ID: 182357640. This listing has been viewed 1 time. It was first displayed on 07/03/2024 and last updated on 12/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.